1. Home
  2. Thought Leadership
  3. 2020 TCFD report: our climate-related…

2020 TCFD report: our climate-related financial disclosures - Federated Hermes

Recently, the international business of Federated Hermes published its Climate-related Financial Disclosures Report for 2020. This report details their approach to identifying and managing climate risks, including how they seize related opportunities, how they engage at the policy level and how they ensure the weight of the climate crisis is front and centre in everything they do.

Posted on Aug 16, 2021

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

...
... Ever since Federated Hermes' 1983 origin, their purpose has been to provide Sustainable Wealth Creation: generating wealth through investments that enrich investors, society and the environment over the long term. Indeed, they have long believed the investment management industry has not only the potential, but a duty, to be a driving force in addressing the climate crisis.

Saker Nusseibeh, CBE, CEO – International, said: “The position that we sit in as the investment management industry is one of unique potence. By way of intelligent and considered stewardship of capital we have the potential to effect genuine and positive change, but conversely, collective inertia risks compounding the crisis we face to an irreversible extent. Climate change also presents risks to us as a business. It is for all of these reasons that we have a responsibility to make the right choices, to the benefit of our clients, their end beneficiaries and indeed society at large.”

To the extent that anything on this website constitutes a financial promotion it is exempt from the general prohibition in S21 of FSMA on the basis that the site is only intended for investment professionals as such term is defined in S19 of the Financial Promotions Order. Please note that Pensions for Purpose does not provide consultancy services, advice or personal recommendations on any of the investment opportunities mentioned on the platform. We curate content written by Influencer members and do not endorse any underlying funds.

Learn more here